Web1 In this regulation: "Act" means the Income Tax Act; "Compressor Station 2" means the compressor station located at 55° 38' 54.76" north latitude and 122° 12' 30.70" west longitude on the natural gas pipeline known as the Westcoast Transmission System. [en. B.C. Reg. 232/2024, s. 1.] WebIf you're eligible for the fuel tax refund program for persons with disabilities, you may receive: a fuel tax refund of up to $500 each calendar year for a qualifying vehicle registered in …
Province of British Columbia - Canada.ca
WebThe Government of Canada collects about $5 billion per year in excise taxes on gasoline, diesel, and aviation fuel [30] as well as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes. WebJan 5, 2024 · Adults will receive up to $164 each, on top of their original carbon tax credit, with an additional $41 per child. The credit is means tested, meaning the payout is reduced on a sliding scale for ... chuck d pruett huntley il
Canada Gasoline Tax Information - British Columbia Gas Prices
WebDec 9, 2024 · British Columbia natural gas tax credit. A non-refundable natural gas tax credit under the British Columbia Income Tax Act is available to qualifying corporations that develop natural gas, and have an establishment, in British Columbia. The credit can reduce the effective provincial CIT rate to a minimum of 9% (from 12%). WebNatural Gas Tax Credit Regulation, BC Reg 145/2024 Political Contributions Regulations, BC Reg 343/95 Recovery Benefit Regulation, BC Reg 13/2024 Source Deduction Regulation, BC Reg 396/2000 Training Tax Credits (Prescribed Requirements) Regulation, BC Reg 299/2010 Training Tax Credits ... WebMar 25, 2024 · Effective Jan. 1, 2024, the new natural gas tax credit will be available to qualifying corporations and is currently calculated at 3% of the cost of natural gas. The … chuck downfield